2023 Form 5500 filing — Bailey & Glasser 401(K) Profit Sharing Plan
Plain-English filing summary
According to public Form 5500 filings published through the U.S. Department of Labor (DOL) Employee Benefits Security Administration (EBSA) via the EFAST2 system, this is the 2023 Form 5500 filing (EFAST2 acknowledgement 20241015101643NAL0029228657001) for Bailey & Glasser 401(K) Profit Sharing Plan, reported by Bailey & Glasser Pllc under EIN 55-0765078 and plan number 001. It reports 200 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241015101643NAL0029228657001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Bailey & Glasser Pllc
- EIN
- 55-0765078
- Plan number
- 001
- Location
- Charleston, WV
- Participants
- 200
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $31,486,237
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $31,486,237
- Employer contributions
- $911,066
- Participant contributions
- $1,757,151
- Total income / additions
- $7,827,130
- Benefits paid
- $2,475,559
- Administrative expenses
- $59,645
- Total expenses
- $2,535,204
- Net increase / (decrease)
- $5,291,926
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Edward D Jones & Co Lp | INVESTMENT ADVISOR | $56,847 | $0 |
| Metro Benefits, Inc. | CONTRACT ADMIN | $2,110 | $7,208 |
| Benefit Plans Services | CONTRACT ADMIN | $649 | $6,810 |
| Empower Annuity Insurance | RECORDKEEPER | $2,210 | $0 |
| Empower Advisory Group, LLC | INVESTMENT MGMT | $981 | $0 |